AGP Executive Report
Last update: 5 hours agoUS-Iran Escalation: Fresh U.S. strikes on Iranian targets and Tehran’s retaliation across the Gulf have reignited fears that the interim ceasefire is collapsing, with Strait of Hormuz shipping risk again driving oil volatility. IMF Warning: The IMF’s July growth outlook hinges on Hormuz reopening by mid-July—an assumption already looking shaky—raising the odds of renewed inflation and slower recovery. Lebanon Politics: A U.S.-brokered Lebanon-Israel framework is deepening rifts inside Lebanon by tying any full Israeli withdrawal to Hezbollah disarmament, stoking memories of civil war. NATO in Ankara: Trump used the NATO summit to pressure allies on defense spending and energy/immigration policy, while Türkiye pushed back on Israel-Greece objections to possible F-35 steps and Trump signaled sanctions relief for Turkey. Regional Energy Shock: Markets and governments are bracing for higher costs as Hormuz fears ripple into food, fuel, and power planning; the Philippines also faces renewed pressure to accelerate renewables and grid upgrades. NGO Governance: Sri Lanka’s Connect to Care registers as an NGO to strengthen governance and scale development delivery.
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